tomo logo

$349,000

Beds
4
Baths
2.5
sq ft
2,000

1235 Riverside Dr Unit H3, Gainesville, GA 30501

1235 Riverside Dr Unit H3

Gainesville, GA 30501

  • 60 days on market
Great condo with income-producing, fully finished apartment downstairs overlooking the sparkling community pool. Exceptional in-town Gainesville location, just moments from multiple grocery stores, medical facilities, Brenau University, shopping, and awesome dining - you can walk to Riverside Park and Publix! On the main level, you'll find a lovely living room, kitchen and dining room, laundry room, a half bathroom, and a glass-enclosed sunroom. Upstairs features three bedrooms and a shared bathroom. The terrace level has been finished to be an independent rental unit with it's own exterior entrance, a bedroom, full bathroom, laundry, and second kitchen. The interior stairwell to the apartment could easily be converted back to open access, creating a nice in-law suite. This is an incredible investment opportunity in the heart of Gainesville's growing popularity.

Details

Property type

Condominium

Est. home value

$265,735

Lot size

1,307 sq ft

Price per sq ft

$175

Year built

1969

Annual property taxes

$345

Monthly HOA fee

$250

Price History

07/19/2024
FMLS

FMLS #7423967

Listed
$349,000
+42.45%
09/30/2022
FMLS

FMLS #7043906

Sold
$245,000
+59.09%
09/03/2020
FMLS

FMLS #6724765

Sold
$154,000

Schools & Community

Elementary school: 

Enota Multiple Intelligences Academy

Middle school: 

Gainesville East

High school: 

Gainesville

Community features: 

Pool

Number of units in community: 

47

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Premier Processing

Loan start date

September 2022

Original loan amount

$196,000

Est. remaining balance

$190,544

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Amanda Mae Martin and Wendy Elizabeth Martin

Lender

Premier Processing

Loan start date

September 2022

Original loan amount

$196,000

Est. remaining balance

$190,544

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Amanda Mae Martin and Wendy Elizabeth Martin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/17/2024 at 4:25 PM

Listing updated: 08/15/2024 at 1:56 PM

Listed by: Patti J Chambers, Keller Williams Lanier Partners Phone #: (770) 503-7070

MLS: FMLS #7423967

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